WHAT THE LAW DOINCongress, in plain words

The law › Title 12, Banks and Banking › Chapter 3

12 U.S.C. 371d: Investment in bank premises or stock of corporation holding premises

Created in 1996 by the Magnuson-Stevens Fishery Conservation and Management Act (Public Law 104-208). Not changed since. No bill we track in this Congress changes it.

3 parts of federal rules cite it as their authority, written by Comptroller of the Currency, Department of the Treasury (2), Federal Reserve System (1).

This Congress

No bill we track in the 119th Congress changes this section.

    How it got here

    1996

    • Pub. L. 104–208 inserted section catchline and amended text generally. Prior to amendment, text read as follows: "No national bank, without the approval of the Comptroller of the Currency, and no State member bank, without the approval of the Board of Governors of the Federal Reserve System, shall … (Magnuson-Stevens Fishery Conservation and Management Act) Law text

    Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.